Transfer Payments Include All of the Following Except

question 89

Multiple Choice

Transfer payments include all of the following except

• A)Government-subsidized loans for students.
• B)Federal crop assistance for farmers.
• C)A church-run thrift store for the poor.
• D)Social Security benefits for retirees.

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Definitions:

Financial Assets

Economic resources or ownership rights that are intangible and represent a claim to future payments, such as stocks, bonds, or bank deposits.

Aggregate Supply Curve

A graph showing the relationship between the total quantity of goods and services that producers are willing to supply at different price levels.

Cyclical Unemployment

Unemployment that results from business cycle fluctuations in the economy, typically increasing during recessions and decreasing during expansions.

Idle Capacity

The portion of a business's resources that is not being utilized to its full potential in production or service delivery.